HRC World (OCSE:HRC) LT-Debt-to-Total-Asset : 0.01 (As of Sep. 2023)

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What is HRC World LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. HRC World's long-term debt to total assests ratio for the quarter that ended in Sep. 2023 was 0.01.

HRC World's long-term debt to total assets ratio declined from Sep. 2022 (0.02) to Sep. 2023 (0.01). It may suggest that HRC World is progressively becoming less dependent on debt to grow their business.

HRC World LT-Debt-to-Total-Asset Historical Data

The historical data trend for HRC World's LT-Debt-to-Total-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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HRC World LT-Debt-to-Total-Asset Chart

HRC World Annual Data

Trend

Dec15

Dec16

Mar19

Mar20

Mar21

Mar22

Mar23

LT-Debt-to-Total-Asset

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0.02

0.01

HRC World Semi-Annual Data
	Dec15	Jun16	Dec16	Jun17	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial										-	0.02	0.02	0.01	0.01

HRC World LT-Debt-to-Total-Asset Calculation

HRC World's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Mar. 2023 is calculated as

LT Debt to Total Assets (A: Mar. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Mar. 2023 )	/	Total Assets (A: Mar. 2023 )
	=	0.181	/	13.341
	=	0.01

HRC World's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

LT Debt to Total Assets (Q: Sep. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2023 )	/	Total Assets (Q: Sep. 2023 )
	=	0.119	/	12.662
	=	0.01

HRC World (OCSE:HRC) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

HRC World LT-Debt-to-Total-Asset Related Terms

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HRC World (OCSE:HRC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » HRC World PLC (OCSE:HRC) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

27/28 Eastcastle Street, Eastcastle House, London, GBR, W1W 8DH

Website

https://www.hrcplc.co.uk

HRC World PLC act as a holding company with a subsidiary company providing restaurant management services to companies engaged in quality food and beverage business. The company's only segment is development and offering restaurant management services within the hospitality sector. The company focuses to manage restaurant marketing and promotion support services; tourist-based customer acquisition services; and music & event-based revenue development.